If you run a small or medium scale business in Nigeria, then you’ll know that there’s a litany of challenges assailing every small business owner. From inadequate working capital, stiff competition from larger companies, difficulties in sourcing raw materials, low capacity utilization, lack of management strategies, the list is endless. And little wonder why 80%of businesses under the Micro, Small and Medium Enterprises (MSME) in Africa fail within the first five years of their existence despite having the highest entrepreneurship rate in the world.

However, despite these challenges there are countless inspiring stories of entrepreneurs who have defied the odds and built successful ventures with incredible growth potential. So the question is, what did the outliers do differently?


https://www.youtube.com/watch?v=FMX2GaiPjzM

Laurin Hainy, CEO and Co-founder of FairMoney, as well as Tomi Ayorinde, CEO of PayForce by FairMoney, aims to shine a spotlight on these entrepreneurial heroes and their remarkable journeys through the “Doing Business” podcast, powered by Payforce by FairMoney.

In the debut episode, hosted by Laurin Hainy, we get a sneak peek into the world of the MD of Nuts about Cakes, as she shares her challenges, wins, and future prospects.

Doing business in Nigeria comes with its fair share of hurdles, and the debut episode of this podcast dives in headfirst. The MD of Nuts About Cakes shares her struggles of running a business in a weak naira economy, where most of their ingredients are imported.

As a Payforce by FairMoney initiative, the “Doing Business” podcast not only shares captivating stories but also showcases practical tools and resources available to Nigerian entrepreneurs. With each episode, the podcast highlights how businesses like Nuts About Cakes leverage Payforce by FairMoney’s seamless payments via seamless transfers, QR codes, and even POS to streamline their payment processes, providing valuable insights into how entrepreneurs can manage their finances efficiently and effectively.

Want to get insights into Nigeria’s burgeoning business industry? Join Laurin and Tomi in this captivating series that brings to life the experiences of Nigerian entrepreneurs who have dared to dream and overcome obstacles.

CEO Of Fairmoney, Marouane Fellaini

You don’t need fair money loan since Tinubu is giving interest free loans

Something should be done by FG to limit these digital loan banks excesses

Fair invading of privacy

Like his hair

Nasri100:
CEO Of Fairmoney, Marouane Fellaini

Lol

Ok

I think I'm going to like this. Hearing directly from the buffaloes who have successfully navigated the nigerian business jungles of lions, tigers and marauding hyenas.

Aside from the hindering factors of business growth such as high running cost, multiple taxation, insecurity etc...., the employees you are paying salaries to are always looking for the slightest opportunity to defraud you.

We have loads of corrupt individuals in Nigeria and they will be the first to complain about the government forgetting that ppl in the government are from among Nigerians.

Again, I want to advise nigerian entrepreneurs that we grow....we don't become billionaires overnight. They go start one POS business and start living beyond sustenance....collecting one load to the other to maintain lifestyles and not to grow their businesses....everybody wan chill with the big boyz...

Earlystar698:
Fair invading of privacy

I’m telling you😂😂😂

Fairmoney money is not fair

Hope we won’t read tomorrow about em being a scam and all that?
👩🏽‍🦯👩🏽‍🦯👩🏽‍🦯👩🏽‍🦯

People owe dis guy money for naija too much

This is what we nedd.

Not aspire to perspire so that we can retire.

Na him sabi

Fairmoney are good. I give them a 9.5 over 10.

O boy ,I still dey owe this app oooo.

.

Great company

Okay na

They should stop calling me to come pickup ATM card I didn't apply for.

They called me today 14th June

they don chop their money chop my money ..............

grandstar:
Fairmoney are good. I give them a 9.5 over 10.

They're actually better than Ocash. But in all why do we keep owing without paying? I definitely won't blame them for the denigrating messages in as much as we the loaners has refused to fulfill our part of the deal .

The way investors go rush Nigeria heh

Yahoo company

Ia

Hmmm

Outstanding